NYSE:BGG - Briggs & Stratton Stock Price, Forecast & News

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

Briggs & Stratton declared a quarterly dividend on Thursday, October 31st. Stockholders of record on Wednesday, December 18th will be given a dividend of $0.05 per share on Friday, January 3rd. This represents a $0.20 annualized dividend and a dividend yield of 6.21%. The ex-dividend date is Tuesday, December 17th. View Briggs & Stratton's Dividend History.

Briggs & Stratton declared that its board has authorized a stock buyback program on Wednesday, April 25th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Briggs & Stratton Co. (NYSE:BGG) posted its earnings results on Thursday, January, 30th. The industrial products company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.07. The industrial products company earned $437.90 million during the quarter, compared to analyst estimates of $458.87 million. Briggs & Stratton had a negative net margin of 3.30% and a negative return on equity of 8.19%. Briggs & Stratton's revenue for the quarter was down 13.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 EPS. View Briggs & Stratton's Earnings History.

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Briggs & Stratton.

Briggs & Stratton updated its FY20 earnings guidance on Thursday, January, 30th. The company provided EPS guidance of $0.05-0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.20. The company issued revenue guidance of $1.83-1.97 billion, compared to the consensus revenue estimate of $1.90 billion.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Briggs & Stratton.

News articles about BGG stock have trended extremely negative this week, InfoTrie reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Briggs & Stratton earned a media sentiment score of -4.3 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Briggs & Stratton.

Briggs & Stratton saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 10,740,000 shares, an increase of 11.4% from the January 15th total of 9,640,000 shares. Based on an average trading volume of 952,600 shares, the days-to-cover ratio is currently 11.3 days. Currently, 26.6% of the company's shares are short sold. View Briggs & Stratton's Current Options Chain.

Some companies that are related to Briggs & Stratton include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Briggs & Stratton investors own include Ford Motor (F), AT&T (T), CVS Health (CVS), General Electric (GE), Kraft Heinz (KHC), Twitter (TWTR), Aphria (APHA), IBM (IBM), Paypal (PYPL) and AbbVie (ABBV).

Briggs & Stratton's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Brandes Investment Partners LP (10.11%), State Street Corp (3.03%), Capital World Investors (2.59%), Jacobs Levy Equity Management Inc. (2.57%), Charles Schwab Investment Management Inc. (2.52%) and LSV Asset Management (2.46%). Company insiders that own Briggs & Stratton stock include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler, Rachele Marie Lehr and Todd J Teske. View Institutional Ownership Trends for Briggs & Stratton.

BGG stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of New York Mellon Corp, Capital World Investors, Brandes Investment Partners LP, Financial Counselors Inc., Alliancebernstein L.P., Trexquant Investment LP and Arizona State Retirement System. View Insider Buying and Selling for Briggs & Stratton.

BGG stock was acquired by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., Credit Suisse AG, Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Great West Life Assurance Co. Can, State Street Corp, UBS Group AG and Russell Investments Group Ltd.. Company insiders that have bought Briggs & Stratton stock in the last two years include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler and Rachele Marie Lehr. View Insider Buying and Selling for Briggs & Stratton.

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BGG stock can currently be purchased for approximately $3.22.

Briggs & Stratton has a market capitalization of $136.78 million and generates $1.84 billion in revenue each year. The industrial products company earns $-54,080,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Briggs & Stratton employs 5,200 workers across the globe.View Additional Information About Briggs & Stratton.

The official website for Briggs & Stratton is http://www.basco.com/.

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.